NASDAQ:HTHT - Nasdaq - US44332N1063 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to HTHT. HTHT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, HTHT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 35.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HTHT in the last couple of days, which is a good sign.
30.08
3 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for HTHT is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HTHT is neutral. |
ChartMill Relative Strength | 47.59 | NEUTRAL | HTHT is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HTHT is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HTHT is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HTHT is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.18 | NEUTRAL | The RSI value for HTHT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests HTHT has a positive trend. |
Stochastics (14,3) | 45.64 | NEUTRAL | The Stochastics value for HTHT is a neutral value. |
Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for HTHT suggests some volalility. |
Average Directional Index/ADX (14) | 9.61 | NEGATIVE | The low ADX value for HTHT suggests a weak or negative trend. |
33.76
+0.71 (+2.15%)